ADDRESS HARBOUR POINT

Resale
Started
8 years 7 months ago01-06-2017
Handover
3 years ago12-01-2023
Status
CompleteFinished
Project Description

Tower 1 comprises of G+M+3 podium+53 floors having 265 serviced apartments units. Tower 2 comprises of G+M+3 podium+65 floors having 526 serviced apartments units

Performance Alpha

Blended: Last 90Dvs Last 12M Baseline
Stable
+1%
Growth
Current:AED 3,447/sqft
Last 12M:AED 3,427/sqft
Momentum: Last 12Mvs Prior Year
Rising
+4%
Growth
Last 12M:AED 3,427/sqft
Prior Year:AED 3,305/sqft
Community Compare: Last 90DDubai Creek Harbour
Premium
+38%
Above Avg
Project:AED 3,564/sqft
Community:AED 2,580/sqft
Liquidity: Last 12MExit Speed
Low
7%Turnover
56Sold (Last 12M)

Supply & Demand Matrix

ADDRESS HARBOUR POINT averaged 7% liquidity over the last 12 months, which is considered low. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.

Type
Absorption (L12M)
Velocity
Studio
6 units
0%
Velocity
1 Bedroom
288 units
8%
Velocity
2 Bedrooms
364 units
7%
Velocity
3 Bedrooms
135 units
7%
Velocity
4 Bedrooms
7 units
0%
Velocity
Shop
12 units
0%
Velocity

Layouts & Units (813)

Asset Class
223 Bed HotelFloor 21
Inventory
1units
Typically 27 parking
Size Range
476,533-476,533sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
2 Bed Hotel ApartmentPodium + Floors 1-59
Inventory
364units
110 layouts · Typically 1 parking
3-41 sqm balcony
Size Range
287-1,877sqft
Price Range
AED 750K - AED 5.3M
Avg PSF
2,688
Sales
62
Trend
Asset Class
1 Bed Hotel ApartmentPodium + Floors 1-57
Inventory
288units
74 layouts · Typically 1 parking
3-96 sqm balcony
Size Range
296-1,755sqft
Price Range
AED 1.5M - AED 3.2M
Avg PSF
2,581
Sales
80
Trend
Asset Class
3 Bed Hotel ApartmentFloors 19-65
Inventory
135units
31 layouts · Typically 2 parking
3-28 sqm balcony
Size Range
706-2,739sqft
Price Range
AED 1.7M - AED 7.7M
Avg PSF
2,674
Sales
21
Trend
Asset Class
4 Bed Hotel ApartmentFloors 49-64
Inventory
7units
7 layouts · Typically 2 parking
12-33 sqm balcony
Size Range
2,680-3,187sqft
Price Range
Avg PSF
2,710
Sales
0
Trend
Asset Class
Hotel ApartmentPodium
Inventory
6units
5 layouts · Typically 1 parking
Size Range
416-586sqft
Price Range
Avg PSF
Sales
0
Trend
Asset Class
ShopPodium
Inventory
12units
12 layouts · Typically 3.8 parking
Size Range
1,447-3,569sqft
Price Range
Avg PSF
Sales
0
Trend

Grouped into 7 asset classes covering 813 units